Washington Trust Bancorp Inc (NASDAQ:WASH) 2018 Q2 Sentiment Report

Washington Trust Bancorp, Inc. (NASDAQ:WASH) Logo

Washington Trust Bancorp Inc (NASDAQ:WASH) institutional sentiment decreased to 0.93 in Q2 2018. Its down -0.39, from 1.32 in 2018Q1. The ratio fall, as 41 active investment managers opened new and increased holdings, while 44 trimmed and sold equity positions in Washington Trust Bancorp Inc. The active investment managers in our partner’s database now have: 9.83 million shares, up from 9.43 million shares in 2018Q1. Also, the number of active investment managers holding Washington Trust Bancorp Inc in their top 10 holdings increased from 1 to 2 for an increase of 1. Sold All: 0 Reduced: 44 Increased: 29 New Position: 12.

Washington Trust Bancorp, Inc. operates as the bank holding firm for The Washington Trust Company that offers various banking and financial services and products to individuals and businesses. The company has market cap of $847.78 million. The firm operates in two divisions, Commercial Banking and Wealth Management Services. It has a 14.41 P/E ratio. The Commercial Banking segment offers deposit accounts, including interest-bearing checking, noninterest-bearing checking, savings, money market, and retirement deposit accounts; and certificates of deposit, as well as debit card, ATM, telephone banking, Internet banking, mobile banking, remote deposit capture, and cash management services.

The stock increased 0.18% or $0.09 during the last trading session, reaching $49.02. About 35,764 shares traded or 20.87% up from the average. Washington Trust Bancorp, Inc. (NASDAQ:WASH) has risen 12.82% since December 7, 2017 and is uptrending. It has underperformed by 2.80% the S&P500.

New England Research & Management Inc. holds 2.85% of its portfolio in Washington Trust Bancorp, Inc. for 74,188 shares. Washington Trust Co owns 862,023 shares or 2.68% of their US portfolio. Moreover, Endurance Wealth Management Inc. has 0.91% invested in the company for 95,057 shares. The Rhode Island-based New England Professional Planning Group Inc. has invested 0.71% in the stock. Champlain Investment Partners Llc, a Us-based fund reported 789,015 shares.

Since January 1, 0001, it had 0 insider buys, and 4 insider sales for $674,172 activity.

More notable recent Washington Trust Bancorp, Inc. (NASDAQ:WASH) news were published by: Nasdaq.com which released: “GrowLife, Inc. Reminds Shareholders that Rights Offering Deadline Expires November 30, 2018 – Nasdaq” on November 28, 2018, also Nasdaq.com with their article: “Petrobras plans to raise $26.9 bln with asset sales, partnering – Nasdaq” published on December 05, 2018, Nasdaq.com published: “MicroVision Prices $4.2 Million Offering of Common Stock – Nasdaq” on December 07, 2018. More interesting news about Washington Trust Bancorp, Inc. (NASDAQ:WASH) were released by: Nasdaq.com and their article: “Brazil police serve 22 arrest warrants in “Car Wash” probe – Nasdaq” published on November 23, 2018 as well as Nasdaq.com‘s news article titled: “Hydro One and Avista receive regulatory decision in Washington – Nasdaq” with publication date: December 05, 2018.

Washington Trust Bancorp, Inc. (NASDAQ:WASH) Institutional Positions Chart

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